Global Trade Alert
Global Trade Alert

South Africa: Industrial Development Corporation provides a ZAR 785 million loan to Foskor (Pty) Ltd

Announcement

31 Mar 2025

In March 2025, the Industrial Development Corporation (IDC) of South Africa disclosed a ZAR 785 million loan to Foskor (Pty) Ltd.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2025

Revocation date:

No revocation date

Last action: 28 Sep 2025
State loan In force
On 31 March 2025, the Industrial Development Corporation (IDC) of South Africa announced a "trade finance loan" of ZAR 785.02 million (approximately USD 42.84 million) to Foskor (Pty) Ltd. The IDC did...
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